Cheap Apartments for Rent near Luna Pier, MI from $500 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in Luna Pier.

Rent According to Income: A Look at Income-Restricted Rentals

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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Tetherwood Place
1 Bedroom Apartments

Tetherwood Place

5816 Tetherwood DrToledo, OH 43613
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Luna Pier, MI Local Guide

Cheapest Available Luna Pier Apartments for Rent and Nearby

 

The cheapest available apartment rental in Luna Pier, MI is a 1 Bed unit found at Maple Creek Apartments in the North Toledo neighborhood priced from $585. Wynhaven Apartments in the North Toledo neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $635. Here is today’s list of the most affordable Luna Pier apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Maple Creek Apartments1 Bedroom Renovated1BR,1BA$585
Wynhaven Apartments1x1 6541BR,1BA$635
Brooke Park ApartmentsOne Bed1BR,1BA$650
Piccadilly West1 BR (Efficiency), 1 BA- Upgrade1BR,1BA$678
5311 N Detroit Ave1 Bed 1 Bath Apt.1BR,1BA$685
Larchmont EstatesNewly Renovated Studio Apartment - 0Bed/1BaStudio,1BA$700
Sunnydale Estates Apartments1 BEDROOM 1 BATH SUNNYDALE1BR,1BA$734
Point Place ApartmentsOne Bedroom One Bath1BR,1BA$750
Legacy at Western Arms1 Bed, 1 bath1BR,1BA$750
Legacy at Brookforest1 Bedroom1BR,1BA$750

Best Value Apartments for Rent in Luna Pier, MI and Nearby

As of August 07, 2026 the best value apartment in the Luna Pier area is the $1.10 price per square foot Three Bedroom, Two Bathroom (Renovated) Model at Landings at Cedar Creek in the in the Monroe neighborhood starting from $1,449. The second greatest value Luna Pier apartment is the Two Bedroom Model at Greenwich Apartments starting at $835 with a $0.93 price per square foot in the North Toledo neighborhood. Here is today’s list of the best values for Luna Pier apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Landings at Cedar CreekThree Bedroom, Two Bathroom (Renovated)3BR,2BA$1.10
Greenwich ApartmentsTwo Bedroom2BR,1BA$0.93
Maple Grove TownhomesTwo Bedroom Townhome2BR,1BA$1.07
North Towne Villas1 Bedroom1BR,1BA$1.08
Wynhaven Apartments2x1 7322BR,1BA$1.06
Sunnydale Estates Apartments1 BEDROOM 1 BATH SUNNYDALE1BR,1BA$1.05
Piccadilly West1 BR, 1 BA- Premium1BR,1BA$1.10
Legacy at Brookforest1 Bedroom1BR,1BA$1.07
Three Pines ApartmentsOne Bedroom1BR,1BA$1.12
Legacy at Western Arms1 Bed, 1 bath1BR,1BA$1.15

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Luna Pier Apartments

What is the Cheapest Studio apartment in Luna Pier?

Currently the most affordable Cheap Studio Apartment in Luna Pier is at Larchmont Estates listed at $700.

How much is rent for a Cheap One Bedroom Luna Pier Apartment?

The lowest price for a Cheap One Bedroom Luna Pier Apartment is $560 at Maple Creek Apartments.

What is the lowest price for a Cheap Two Bedroom Luna Pier Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Luna Pier is starting from $685 at Wynhaven Apartments.

What is the most affordable Luna Pier Three Bedroom Apartment?

The best deal on a cheap Luna Pier Three Bedroom Apartment rental is at Larchmont Estates and starts from $1,075.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.